Placement flurry continues with Shin Corp, Towngas and GT Capital

The flurry of quick to market equity deals continued on Wednesday, with sales of GT Capital Holdings, a Philippine-listed company, Towngas China, a Hong Kong energy supplier, and Shin Corp, the Thai telecoms conglomerate. They came hard on the heels of a sale of stock in Chinese knitwear company Shenzhou International on Tuesday night.

10 Jan 2013

As of 1am Hong Kong time on Thursday, pricing had still not been fixed for the sale of 330m shares in Shin Corp, being sold by Temasek affiliate Cedar Holdings in a near repeat of a deal in January 2012. Based on a marketing range of Bt62.75-Bt63.75, the
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